EconomyPrivate credit funds owe banks $349 billion, while borrowers may not be paying cash
Private credit funds can record interest as income even when borrowers have not paid cash, because some loan contracts let businesses add interest to their debt. That gives borrowers more time, but funds may still owe money to banks they borrowed from.
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CryptoSlate★★★☆☆2026-10-31 18:10Original
Private credit funds owe banks $349 billion, while borrowers may not be paying cash
Economy